48-62 Central Street, Southbridge, MA 01550
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48-62 Central Street, Southbridge, MA 01550
48-62 Central Street, Southbridge, MA 01550
48-62 Central Street, Southbridge, MA 01550
48-62 Central Street, Southbridge, MA 01550
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Sheri Sibley

Sheri Sibley

+1(781) 258-7340
$ 1,100,000
Est. payment /mo
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48-62 Central Street Southbridge, MA 01550

16 Beds

8 Baths

11,714 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 11,714 sqft

Price per Sqft $93

MLS Listing ID 73559742

Bedrooms 16

Full Baths 8

Year Built 1938

Annual Tax Amount $16,082

Tax Year 2026

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town's central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.

Location

State MA

County Worcester

Zoning CC

Direction Please Use GPS.

Rooms

Basement Unfinished

Interior

Heating Natural Gas, Electric

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other

Roof Type Shingle,Rubber

Total Parking Spaces 12

Garage No

Building

Lot Description Level, Other

Story 5

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay
Sheri Sibley

Sheri Sibley

Broker | License ID: 9508374

+1(781) 258-7340

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48-62 Central Street